The PUSD stablecoin has been deployed on ADI Chain, aiming to expand access to Islamic finance markets worth more than $3 trillion.
The token, which has about $2.3 billion in circulation, is backed one-to-one by reserves held in Saudi riyals and UAE dirhams, both pegged to the US dollar.
ADI Chain said the integration allows institutions to settle transactions using either dollar-linked assets or dirham-denominated tokens on the same infrastructure.
The network is designed for institutional settlement across the Gulf, Middle East and parts of Africa, using its native token to process transactions and fees.
PUSD, issued by Palm Azgar Finance, is intended for use by corporate treasuries, exchanges and payment processors operating in compliant financial environments.
The expansion comes as the United Arab Emirates builds a multi-layered regulatory framework for digital assets, including stablecoin oversight by the central bank and financial free zones.
Authorities and institutions in the UAE have increasingly explored dirham- and dollar-backed tokens to modernise payments and cross-border settlement, positioning the country as a regional hub for regulated crypto finance.